Automotive Axles Ltd

Automotive Axles Ltd

The Emerging Companies 2025
+ 9 More
+ 9 More
OVERVIEW
FINANCIALS

About

Automotive Axles specializes in manufacturing rear axle assemblies for commercial vehicles, offering high-quality, durable products to OEMs and the aftermarket industry.

Incorporation Year: 1981
Headquarters: Mysore, India
Top Management: Nagaraja Gargeshwari (President and WTM Director)
Industry: Automobiles

Featured In Fortune India Ranking

#24(2025)
Next 500 India
#175(2024)#246(2023)#291(2022)#278(2021)#31(2020)#101(2019)#226(2018)#235(2017)#282(2016)
#175(2024)#246(2023)#291(2022)#278(2021)#31(2020)#101(2019)#226(2018)#235(2017)#282(2016)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,255
(INR Cr)
Net Operating Income
2,229
(INR Cr)
Assets
903
(INR Cr)
Profit
166
(INR Cr)
Net Worth
876
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212020201920182017201620152014201320122011201020092008
Revenue
(INR Cr)
2255
-3.4%
2335
55.2%
1505
58.7%
948
0.8%
941
-52.4%
1977
28.3%
1541
31.2%
1175
8.3%
1085
136.6%
459
-34.3%
698
8.2%
645
-33.2%
965
-5.2%
1018
51.4%
673
154.3%
265
-64.8%
751
-
Net Operating Income
(INR Cr)
2229
-4.07%
2324
55.89%
1491
64.61%
906
-4.87%
952
-50.91%
1939
27.57%
1520
29.66%
1172
7.95%
1086
136.50%
459
-32.17%
677
5.35%
643
-31.69%
941
-7.09%
1012
51.57%
668
150.83%
266
-64.34%
747
23.00%
Profit
(INR Cr)
166
2.6%
162
117.9%
74
227.1%
23
-44.7%
41
-66.2%
122
44.8%
84
69.8%
49
42.1%
35
229.9%
11
-42.0%
18
43.2%
13
-71.8%
45
-21.8%
58
30.6%
44
356.2%
10
-82.7%
56
-
Assets
(INR Cr)
903
14.1%
791
21.0%
654
11.1%
589
2.2%
576
-7.0%
619
37.7%
450
18.1%
381
5.6%
361
-1.5%
366
-5.5%
387
15.3%
336
1.4%
331
7.9%
307
11.8%
275
24.7%
220
-9.0%
242
-
Net Worth
(INR Cr)
876
15.4%
759
22.3%
621
12.1%
554
4.2%
532
-1.2%
538
21.2%
444
18.0%
377
15.1%
327
8.2%
302
2.8%
294
4.9%
280
3.4%
271
11.3%
244
19.6%
204
16.7%
175
2.8%
170
35.3%
Employee Cost
(INR Cr)
133
4.9%
127
11.1%
114
28.8%
89
-0.4%
89
-27.9%
124
24.4%
99
22.0%
81
2.0%
80
115.9%
37
-39.3%
61
15.4%
53
-6.0%
56
8.8%
52
31.2%
39
65.3%
24
-25.2%
32
-
Interest Cost
(INR Cr)
332321116479107457
Cash & Bank Balance
(INR Cr)
834681737440443504112119919
Total Debt
(INR Cr)
22282329357300306292515662714572

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212020201920182017201620152014201320122011201020092008
Profit As % Of Revenues 7.4%6.9%4.9%2.4%4.4%6.2%5.5%4.2%3.2%2.3%2.6%2.0%4.7%5.7%6.6%3.7%7.4%
Profit As % Of Assets 18.4%20.5%11.4%3.9%7.1%19.6%18.7%13.0%9.6%2.9%4.7%3.8%13.6%18.8%16.1%4.4%23.1%
Profit As % Of Networth 19.0%21.3%12.0%4.1%7.7%22.6%18.9%13.1%10.6%3.5%6.2%4.5%16.6%23.6%21.6%5.5%32.8%
Interest Cost to EBITDA % 1.1%1.1%1.8%4.8%2.0%0.2%0.3%1.1%6.0%11.7%12.7%15.8%9.6%5.8%4.3%15.4%6.1%
Debt to Equity Ratio 0.020.040.040.050.070.14--0.090.210.310.180.210.250.350.260.42
RONW 20.3%23.5%12.7%4.6%7.7%24.7%20.5%14.0%11.0%7.1%6.3%4.6%17.5%25.7%23.3%5.6%37.8%
ROCE 26.6%30.6%16.5%6.3%10.3%34.8%30.9%20.6%15.7%11.0%9.1%8.1%23.9%32.3%28.1%7.6%39.2%